๐จ๐ฅ LAYER After the Dip โ Whatโs Next? ๐๐ Full Breakdown & Game Plan ๐๐ง ๐ฅ
โ ๏ธ LAYER After the Dip โ Whatโs Next? Full Breakdown & Game Plan ๐
$LAYER just faced a sharp retracement after a major rally โ but is this the end of the run, or just a cooldown before the next move up? Letโs dive into the key zones, levels, and possible scenarios you should watch:
Current Price Zone: $1.8161 ๐
Weโre sitting in a crucial zone right now โ caught between strong resistance and major support. The next few candles will be critical for determining direction.
Support Zones to Watch:
๐ป $1.5104 โ Immediate support and the top of the old consolidation range. Holding above here = bullish hopes alive.
๐ป $1.2175 โ Mid-zone support. If price slips here, we could test deeper.
๐ป $1.0515 โ Strong structural support. A break below = risk of longer-term downtrend.
Resistance Ahead:
๐ง $1.9048 โ Immediate resistance. Break above could fuel another push.
๐ง $2.2835 โ Major hurdle. Need solid volume to flip this zone.
๐ง $2.7987 โ $3.3710 โ Recent high zone. Bulls need major power to reclaim this!
Whatโs the Next Move?
โ Bullish Scenario:
If $LAYER defends the $1.5104 zone and flips $1.9048 resistance on strong volume, we could see a bullish climb to: โก๏ธ $2.2835,
โก๏ธ then $2.7987,
โก๏ธ and possibly revisit the high at $3.3710.
โ Bearish Scenario:
Failure to hold $1.5104 may drag price toward: โฌ๏ธ $1.2175,
โฌ๏ธ then possibly $1.0515 โ a critical make-or-break zone.
๐ธ LAYER had a strong pump, meaning momentum is still there โ but cooling off is natural.
๐ธ Volume will confirm the real move โ breakout or breakdown.
๐ธ Global market sentiment will also play a role in LAYERโs next chapter.